- Ran Neuner of Crypto Banter commented that developer activity on the Cardano blockchain is “not where it needs to be.” It based its conclusions on the 2022 Electric Capital Developer Report.
- Cardano (ADA) founder Charles Hoskinson responded to the livestream with statements that the YouTuber was not giving Cardano “fair representation” due to “biased sources.”
- Cardano remains Eighth among cryptocurrencies by market capitalization.
During Crypto prank live broadcast On January 18, 2023, Ran “CryptoManRan” Neuner commented that developer activity is the most important metric to consider when analyzing the value of a blockchain.
Neuner shared associated data from Electric Capital Developer Report 2022 To conclude “Which of Tier 1 will win the Tier 1 race.”
Neuner described the Cardano developer community as “not where it needs to be.” He further stated that, based on the metrics in Electric Capital’s report, he would not “buy more Cardano”.
Cardano community member has his say
Crypto Banter Livestream has sparked a strong reaction from the Cardano community. Most notable Developer reportNeuner’s reference point for his initial video was criticized. It was condemned as “biased” and “a VC report lies about development activity, especially on Cardano.” By community member Chris O.
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shameful shameful, # Cardano community. I’m not surprised @employee He has no integrity. Shills is one of the venture capital (VC) reports on development activity, especially on # Cardano, consistently top daily GitHub commits for 2022 but no Dev community? impossible ADA dollars @employee @employee https://t.co/x0C2sxDrsD
– Chris O (@TheOCcryptobro) January 18, 2023
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Hoskinson’s classic response
In response to the Crypto Banter Livestream video, Cardano (ADA) and IOG founder Charles Hoskinson chirp:
“YouTubers that shilled Solana and Luna aren't given Cardano a fair representation and using biased sources!?”
Hoskinson is active on Twitter, where the Cardano and IOG founder does not refrain from publicly expressing his reactions. He is also known for Participate in controversial topics and discussions.
Will Cardano Draw the Spotlight?
On December 29, 2022, Cardano (ADA) rated The first in developer activity On Santiment, a crypto analytics platform. It has surpassed Ethereum (ETH) and other blockchain protocols Submissions on GitHub”.
Hoskinson New video released weekly on January 19, 2023, before tweeting the aforementioned response on Crypto Banter Livestream. In the video, he revealed that Cardano was working on “a significant amount of DeFi” and a future upgrade to RealFi. This would entail DeFi with the addition of “standards and certifications, identity, metadata, governance, and regulation.”
I thank you https://t.co/L9T3k1Fugl
– Charles Hoskinson (@IOHK_Charles) January 18, 2023
On January 18, 2023, it was revealed at the World Economic Forum in Davos that The first car project in the world It will be launched on the Cardano blockchain.
on the flip side
- Despite the community’s outrage, ADA is still down 89% from its all-time high of $2.95, at $0.33 at the time of writing.
- Even amid the negative sentiment, Cardano announced innovations. These took the form of the eTukTuk launch announced in Davos, and DeFi developments revealed in a Hoskinson video.
Why should you bother
Charles Hoskinson is an advocate for the broader crypto community. He insists that he is working to move the industry as a whole forward beyond his interests.
Read more about how Cardano is required to be highlighted:
Cardano (ADA) is calling for the spotlight as it is up 22% to flip DOGE
Read more about how ADA will outpace ETH in development activity in 2022:
Cardano (ADA) overtakes Ethereum (ETH) as the protocol with most development activity in 2022
